The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-05-29

ASKED
NEW YORK, May as-The dealings in stocks
to-day were even smaller and less interesting
than those Of last Saturday. the market show
ing some lack Of character, with even less dis
position among room professionals To trade.
There no feature 10 the market until after
the issue of the bank statement, when, unex-
pectedly, large increase in the surplus
serve started the shorts>to covering, and "a
moderate degree of animation was impaired to
the dealing; while "a sudden reversal of the
course of prices occurred. Reading was only
the active stock among the low priced stocks
Minnesota and st. Louis. preferred, Virginia
Midland. and oregon Improvement were con-
spicuous for strength. The opening was mod
erateIy firm, most stocks showing insignificant
advances over yesterdays final figures There
was quiet trading for the first few minutes,
after which the market settled down to ex-
IRENE dizziness, which continued until the issue
of the bank statement shortly before noon,
after which there was a moderately active bust
ness until the close. Prices were heavy and in
some cases weak, until the covering of shorts
began, when almost everything ON the active
list moved up sharply. early losses being
cred with fractional additions. The close WAS
moderately active and firm to- strong, at about
the best figures reached. The total sales
only $500 shares.
WEEKLY BANK STATEMENT.
Reserves increase SCI l. teo
Loans, decrease -------.- --.--------- lis0,lCJ
Specie, decrease. 6ssl,4
Legal Tenders, increase INSTRUMENTATION 1u.,2
Deposits, decrease ------------ 3,ls.5--5D
Banks now hold, s5,7396ao in excess of the
IS per cent. rule -------------------- i!6s.
Cotton.
NEW YoRK-Cotton, net receipts, I,esi. Ex-
ports to Great Britain, $50: stock, 3jl,6
General Markets.
CHICAGO, May 2s.-Cables from English
| markets reported poor demand for wheat, and
receipts were quiet but large: temper of crowd
bearish at openinf of board July wheat opened
opened at s7A and to ssIs. Active traders on
| the board We're nearly unanimous i'm their
| opinion of the market. They believed IL shou II
go lower. They were not opposed Ia any ex-
| tent by clique, and prices did go lower.
| followed shortly afterward by July. June fol-
| lowed till il got down to IS when clique gave
| mark for August was 81 and for July sJst-
| Trading was fairly large for SATURDAY, but
l ceipts here and ut other points. and enormous
| arrivals expected Monday, ultimately had u
down to s5I46ss5ss and closed at s5I4. June
closed at 81. Corn opened weaker at 1856 for
/ July option Large receints and general dis
pt stion in short ceused July TO decline To s'1s.
but at that figure il found several good buyer.
July hung at ssss until nearly noon When i
i during the balance Of the session, closing at
/ :S14- Provisions were weak all day and de
i clines were steady and continuous July lard
opened at $685. and closed at S6.dtjs.tt Sd 30
/ July ribs opened at 81 declined To ;. 10,
hrmed up to ). ID and closed ut 81 -l21aGt S.b.
/ Cash quotations were: Flour unchanged and
| dull No. Spring Wheat and No Red ~ 90
s,s4. No. Corn, 3.1e: No Oats. 25l40;;,'4-
sait s shoulders, '' boxed. .sa,s5.so: Short
clear sides, boxed, S..E d..E1. whisky Sl-l0.
l Leading futures ranged as follows:
WheaI-May, ss1s; June. 81; July s5is;
Corn-May, BE; June, 3'1.c. Oats May, 2'ls'
MnT and t June So ga short aq ' RiSsMay s.@
| June, S7-0.11-
NEW YORK, May 2s-Southern Flour quiet,
and unchanged. Wheat, spot lots, 4r1s lower
No. 2 red, May. 614Gtgs5s June J5ssa5.ss.
| Corn, spot tritie lower-No- May, nominal;
NO, May, nominal. June ;s,s4. Hops steady
| and quiet. Coffee-spOt fair. Rio quiet at = a:
options fairly active and higher; No. Rio,
| $3.50. July Sl9.s $3.50. Sugar firm, fair re-
Cotton seed OH stasils Tor crude, 40 for re-
tine quiet at D. Hides, moderate demand.
Wool quiet and unchanged. Pork dull. more
a Sl5.JO for old Beef dull. l;eef hams steady,
| S215sdS.s- Tierce beef quiet, city extra India
dies dull and nominal. Lard couple of points
Ss.ssts July, ss.sl@ss.s- City steam. sde5
ST. LOUIS, May 2s.-Flour quiet and steady
Wheat very weak, trading light and q lover .I
s-yss Corn Icsss lower, and very weak-c,,sh
| BIZ and May 851s. Oats nominal and un-
| changed, cash = 4, May and June, q. Whisky
| steady at Sl.o6. Provisions dull and lower.
| Pork, Old Mess, Sl4., irregular new. Sl5TSl
Lard. SGD Salt meats-BoSed shoulders
500; long clear, S7.05; clear ribs, ST., short
| clear, S1.6.1s Boxed shoulders, S6.6l6S5; lone
clear and clear ribs, SIS g.-.6; short clear
Ssl59sD Hams quiet and steady at sil->'''
| ETA.
| CINCINNATI, May 2s.-Flour stronger. Wheat
firm-No. red. s. Corn weak and lower-No
mixed, 40. Oats casier-No- mixed z1s
Pork quiet at Sl5-2j. Lard weak and lower al
S6.S6f6.+O. Bulk meats-Bacon quiet and un
| changed. whisky quiet and firm at Sl-u,
| Hogs quiet
| NEW ORLEANS, May 2s.-Co1ee firm AM
| holders asking higher common To prime, Isl
| @3l4. Other articles unchanged.
| WILMINGTON, May q .-Turpentine duh n
| Fig Resin firm strained 81: good strained
| 80 Tar firm at SIZE Crude Turpentine firm
| hard, SID. yellow dip. Ssl5: virgin, $40